£7,500
(£1.00/sq. ft)
Leisure/hospitality for saleTaunton TA3
7,500 sq. ft
Just added
About this property
Freehouse in prestigious village near Taunton
Four interconnecting trading areas (100)
Three bedroom owners’ accommodation
Lawned beer garden and rear paddock (0.95 of an acre)
Large car park
Available on new, free of tie lease
leasehold: £7,500 to include fixtures and fittings.
Term: 7 years.
Landlord & tenant act 1954: Inside Part II Landlord & Tenant Act 1954.
Assignability: Fully assignable subject to Landlord’s consent.
Bond: The successful applicant will be required to lodge with the freeholder a deposit of £8,000 in advance.
Rent: Year 1 – £24,000
Year 2 - £25,000
Year 3 - £26,000
A concessionary rent can be negotiated in the early months to allow for the cost of reopening and improvements.
The rent is to be paid monthly in advance.
Rent review: Subject to rent reviews every third year of the term at open market rent or rpi, whichever is greater.
Repair liability: Full repairing and insuring lease.
Tie: Free of tie.
Insurance: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent.
VAT: VAT will be payable on the Premium and rental payments.
Four interconnecting trading areas (100)
Three bedroom owners’ accommodation
Lawned beer garden and rear paddock (0.95 of an acre)
Large car park
Available on new, free of tie lease
leasehold: £7,500 to include fixtures and fittings.
Term: 7 years.
Landlord & tenant act 1954: Inside Part II Landlord & Tenant Act 1954.
Assignability: Fully assignable subject to Landlord’s consent.
Bond: The successful applicant will be required to lodge with the freeholder a deposit of £8,000 in advance.
Rent: Year 1 – £24,000
Year 2 - £25,000
Year 3 - £26,000
A concessionary rent can be negotiated in the early months to allow for the cost of reopening and improvements.
The rent is to be paid monthly in advance.
Rent review: Subject to rent reviews every third year of the term at open market rent or rpi, whichever is greater.
Repair liability: Full repairing and insuring lease.
Tie: Free of tie.
Insurance: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent.
VAT: VAT will be payable on the Premium and rental payments.
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Monthly repayment
£37 per month
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